24 October 2015
Request the experts to advise: correct ITR form for e-filing of RI by a private specific Trust (non-charitable)(members/beneficiaries shares are determinate)
25 October 2015
Thank you Mr.Ankit Agarwal for response. ITR-5 is for Private Discretionary Trusts among others as specified not for Specific Private Trusts
26 October 2015
In my Opinion, ITR-5 should be filed.
ITR-5 has option for specifying the share of each member & the major difference between the two is just that the share is determinant in case of Specific Private Trust.
CAclubindia
